EGOC .0007 Energy 1 Announces Positive Thi

BOCA RATON, Fla., Dec. 5, 2012 /PRNewswire/ -- Energy 1 Corporation ("E1") (OTC:EGOC) announces its financial performance for the third quarter of 2012.

Energy 1 is please to report operating income of $1,338,814 and EBITA of $346,868 for the nine months ending September 30, 2012. This is compared to operating income of $12,500 and EBITA of ($182,787) during the same period last year.

"The Company achieved many of the goals we set for 2012," said Raymond T. Brown, Chairman of E1. "Energy 1 now has a platform from which to grow, and the recent acquisition of Master Lease represents a major step in that direction."